Title: Top Down Approach Discussion and how to View BPT - Click on Title

Steve,  how does one access

Posted by bharvey96 on 30th of Sep 2020 at 01:35 pm

Steve,  how does one access the "Ciovacco Historical Perspective Charts?"  I would imagine you need to be a client?

He puts out a weekly

Posted by steve on 30th of Sep 2020 at 01:41 pm

He puts out a weekly video via Twitter on Friday Night

Hi Matt/steve, is today highly

Posted by kevindeng0727 on 16th of Jun 2020 at 09:18 am

Hi Matt/steve, is today highly likely to be a trend day?

I'll b in and out today

Posted by matt on 1st of Oct 2020 at 10:53 am

I'm under the weather stomach issues and feeling a bit nauseous

Feel better!!

Posted by cozz101 on 1st of Oct 2020 at 11:57 am

Feel better!!

Good luck kicking the bug,

Posted by timebandit on 1st of Oct 2020 at 11:30 am

Good luck kicking the bug, Matt.

The community is delayed by three days for non registered users.

GDX comments

Posted by matt on 28th of Sep 2020 at 03:40 pm

GDX - Chart Link- to me all GDX has had is an abc bounce back to resistance

GDX - Chart Link- could be a place for it start failing again

FVRR breakout 

After reading Adam Hamilton, is

Posted by skyfish on 28th of Sep 2020 at 03:31 pm

After reading Adam Hamilton, is there a way to display, 1.5MA200 and .85MA200 on Stock charts?

if my memory is good

+500 and VIX Positive? 

Posted by watcdy on 28th of Sep 2020 at 03:31 pm

if my memory is good this occurred earlier this summer

again I would suggest you watch the video from this morning and read my update below. 

I'll go ahead and market it confirmed today. On the 120 min side the indicators have not all confirmed fully yet

short term though market is extended and the VIX being up today maybe get a small pullback tomorrow.

is the kiss system ready for blast off?

MESO daily  wish i had

Posted by morton7 on 28th of Sep 2020 at 02:14 pm

MESO daily  wish i had seen this earlier...

regarding the KISS stuff - again like I discussed in that video I made earlier today and on the weekend newsletter.  I think the DVT exits are great for the SPX at getting you out and protecting you from sharp corrections. However the system in most cases needs a good move off the lows before it goes back long (unless you have one of those very rare exhaustion cases where the system can buy a 1 day reversal off the lows, which I would not count on as they are very rare.  If you follow the DVT Exits last Thursday morning the SPX was 290 points below the 3490 DVT exit.  I mean one should think about it in terms of I just saved 290 SPX points, therefore if I see a trigger on my side to go long early, even if it's wrong just saved 290 SPX points.  

another idea would be to use the SPY reversion to mean trades to get back in. This means you would have bought in last week the first entry and then the 2nd entry on Thursday at the lows. Now assuming the KISS daily system goes back long today you are already long EARLY by the SPY reversion to mean systems and can simply just hold by the KISS if that was your style.

the point is  be open, a lot of ways to skin the cat

Yes that is definitively something

+500 and VIX Positive? 

Posted by matt on 28th of Sep 2020 at 01:54 pm

Yes that is definitively something to monitor.  Many times you get a pullback the next day on days when both the market and VIX both closed out

+500 and VIX Positive? 

Posted by profmel on 28th of Sep 2020 at 01:49 pm

+500 and VIX Positive? 

Sold the APPN October 16 $65 for $4.10

guess u could say that about the whole mkt.

PBI

Posted by EdZ on 28th of Sep 2020 at 12:55 pm

PBI

IBK changes, maybe others will

Posted by highroller on 28th of Sep 2020 at 11:30 am

IBK changes, maybe others will follow

The letter states that initial margin requirementswill rise up to 35% from normal levels starting September 28th through October 23rd. Maintenance margin requirements will increase in a similar manner between October 5th and October 30th. The updates will be made each day following the market's close in New York, and will be effective the next trading day. By regulation, brokers usually loan their clients 50% of the value of a new position, and 25% to maintain a current position. This will increase gradually to 67.5% for a new position and 33.75% for

I have been watching gold closely for years. I had positions in GOLD and NEM until recently. I sold them both for good profits. I had a 10% of portfolio position in GLD, which has been reduced to 3%. I am not a trader. I typically invest for longer terms. I find breakpointtrades.comto ge a great guide to both longer term and short term setups. My concern now is that you could be correct. $GOLD could form an inverse head and shoulder pattern, Actually i think that is likely. But to do so, it could take 1 to 2 more years, and we could experience some more downside while we wait. In the end I think $GOLD goes much higher. It is simply a question of "sooner or later". 

Quick video update on SPY systems, KISS and market

Posted by matt on 28th of Sep 2020 at 11:12 am

Here's a quick 5 min video I just recorded on the SPY systems, the KISS daily, and market

Click Here to watch video

PLUG daily  watching

Posted by morton7 on 28th of Sep 2020 at 11:01 am

PLUG daily  watching

SPX 30 with Gap

Posted by steve on 28th of Sep 2020 at 10:57 am

on Friday's those sometimes may

Admin Comments

Posted by matt on 28th of Sep 2020 at 10:52 am

on Friday's those sometimes may not be updated until Saturday.  If there's major changes I would let you know on Friday, if nothing is said then assume there were not urgent changes. You can tell if the chart is updated by looking at the last candle, should be obvious as you know what the market did that day 

GDX nothing more than a

Posted by steve on 28th of Sep 2020 at 10:51 am

GDX nothing more than a small abc bounce off the lows last week at this time  - continue to monitor 

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